120604 CC Sp Min
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CITY OF SHOREWOOD
CITY COUNCIL SPECIAL MEETING
MONDAY, DECEMBER 6,2004
5755 COUNTRY CLUB ROAD
COUNCIL CHAMBERS
7:15 PM
MINUTES
1. CONVENE SPECIAL MEETING
Mayor Love called the meeting to order at 7: 15 P.M.
A.
Roll Call
Present:
Mayor Love; Councilmembers Garfunkel, Lizee, Turgeon, and Zerby, Administrator
Dawson, and Finance Director Burton
Absent:
None
B.
Review Agenda
Without objection from the Council, Mayor Love proceeded with the Agenda.
2. TRUTH IN TAXATION PUBLIC HEARING
Mayor Love opened the Truth in Taxation Public Hearing at 7:16 P.M.
A.
Staff Presentation
Administrator Dawson explained the Legislature was requiring cities to hold the annual Proposed
Budget and Tax Levy Hearing, known most commonly as the Truth in Taxation Hearing, to gain
public comment about the City's proposed 2005 Budget and the levies necessary to support it. He
further explained action was not allowed on this item by Council this evening, but would most likely
take place at the Regular City Council Meeting of December 13,2004.
Finance Director Burton then presented information on the City's property tax distribution for 2005
and reviewed the budget calendar of preparation. She also stated the City was not subject to levy
limits for the Year 2005; however Council had requested the 2005 levy be limited to a 12% increase
from the 2004 amount of $3,420,229. Therefore the 2005 Proposed Budget recommended a property
tax levy of$3,830,656; an increase of $410,427. In addition, a portion of the 2005 levy would include
debt service payments that were made annually to fund the new public safety buildings. For 2005,
Shorewood's share of this special levy amount was estimated to be $496,000.
Finance Director Burton briefly summarized the Enterprise Funds, and subsequent proposed budgets
for these funds, including Water Operations, Water Debt Service, Sanitary Sewer, Stormwater
Management, and Liquor Operations.
Finance Director Burton stated, in summary, total property taxes on a $337,000 home in Shorewood
would be approximately $4,206. The City portion of that tax bill would be $985. For that amount of
money, residents received a value in City services in the areas of police protection, fire protection,
clean drinking water, snow plowing, street maintenance, parks and trails, building inspections, and
other City services.
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CITY COUNCIL SPECIAL MEETING MINUTES
December 6, 2004
Page 2 of2
Administrator Dawson also explained there were several reasons for the tax levy increase for 2005.
He stated the budget allocated approximately $200,000 toward rebuilding its Capital Improvement
Fund Reserves, as well as $90,000 toward the total compensation costs of a City Engineer, $30,000
would be allocated toward a document retrieval system and an increase in general city operations in
the amount of $90,000.
On behalf of Council, Mayor Love thanked Staff for all efforts made in preparation and collaboration
on the budget presentation.
B. Public Hearing
Mayor Love noted no one was present this evening to address Council, and no other correspondence
had been received on this matter, thus, he closed the Public Hearing at 7:25 P.M.
C. Council DeliberationlDecision to Reconvene
Zerby moved, Lizee seconded, Not to Reconvene on this matter. Motion passed 5/0.
3. ADJOURN
Lizee moved, Zerby seconded, adjourning the Special Meeting of December 6, 2004, at 7:26
P.M. Motion passed 5/0.
RESPECTFULLY SUBMITTED,
Sally Keefe,
Recording Secretary
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WOODY LOVE, MAYOR
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